Blog
-
CIBC Aventura Credit Card Review: An Underrated Choice?
Introduction The CIBC Aventura program has been around for a while, offering Canadians a way to earn and redeem points primarily for travel. However, it hasn’t reached the same level of recognition as Aeroplan or American Express Membership Rewards. Why? It has a more limited ecosystem and fewer transfer partners, making it somewhat niche. But…
-
The Best Credit Cards for Frequent Cross-Border Shoppers
If you frequently shop across the border or online in a foreign currency, you might be overpaying without even realizing it. Foreign transaction fees, exchange rate markups, and reward inefficiencies can add up fast. Why Cross-Border Shoppers Need the Right Credit Card The Best Credit Cards for Cross-Border Shopping No Foreign Transaction Fee Cards These…
-
Is the Credit Card Industry Designed to Keep You in Debt?
Introduction Hook: Nearly half of credit card holders in the U.S. carry a balance from month to month, with the average household credit card debt exceeding $7,000. In Canada, consumer debt is rising at its fastest rate in over a decade, with credit card balances up 17% year-over-year. Why This Matters: Credit cards are a…
-
6 Costly American Express Mistakes (And How to Avoid Them)
American Express has become a major player in the Canadian credit card market, offering premium benefits, travel perks, and strong rewards programs. However, many people make costly mistakes when using Amex cards—leaving money and benefits on the table. Here are six common Amex mistakes and how to avoid them. 1. Choosing the Wrong Amex Card…
-
Cathay World Elite Mastercard Review – A Worthy Travel Companion or Just Hype?
Late last year, the new kid on the block, Neo Financial, took over RBC’s Asia Miles partnership and launched its own co-branded credit card with Cathay Pacific, one of the most esteemed airlines in the world. But does this card really stack up against the competition or even its predecessor? Let’s dive into a full…
-
9 Credit Card Tips for Digital Nomads
As a digital nomad, your lifestyle comes with unique financial challenges and opportunities. From booking flights to handling foreign transactions, the right credit card strategy can save you money, offer valuable perks, and provide financial security while you travel. Here are the best credit card tips for digital nomads to maximize rewards, avoid fees, and…
-
Buy Now, Pay Later vs. Credit Cards: Which Is Better?
In today’s evolving financial landscape, consumers have more choices than ever when it comes to making purchases. Two of the most popular payment methods are Buy Now, Pay Later (BNPL) services and traditional credit cards. Each option has its own advantages and drawbacks, making it crucial to understand which is better suited for different financial…
-
Should You Carry Multiple Credit Cards? The Pros and Cons
Credit cards can be powerful financial tools when used responsibly, but deciding how many to carry can be a tricky balance. While some people prefer sticking to a single card for simplicity, others manage several to maximize rewards, build credit, and enjoy greater flexibility. Here, we break down the pros and cons of carrying multiple…
-
Why Do Canadians Use Credit Cards So Much?
Canadians often find themselves in the top 10, but never first: Today, we’ve found something that Canada finally ranks first in, credit card penetration rate at a whopping 83%! But, why is this the case? Is it even a good thing? Let’s explore. Source: The World Bank Before we talk about why, let’s first clarify…
-
What to Do If Your Credit Card is Stolen
Having your credit card stolen can be a stressful experience, but knowing the right steps to take can help you minimize the damage and protect your finances. This comprehensive guide will walk you through the essential actions you should take immediately after discovering your credit card has been stolen. 1. Stay Calm and Assess the…